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Property profile & analytics
OFF-MARKET
Land

0 Sec Larway & Lagrange Frankfort, IL 60423

27.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 27.31-acre commercial land parcel presents a compelling investment opportunity in Frankfort, Illinois. Ideally situated at the signalized corner of Route 45 and Laraway Road, this property offers unparalleled access to major transportation arteries, including easy east access to Interstates 80 and 57. The site is zoned for light industrial development, making it suitable for a variety of uses. Benefit from the low Will County tax rates and the planned expansion of Laraway Road to four lanes, enhancing accessibility and visibility. The property also allows for outside storage, though trucking operations are not permitted. This prime location combines excellent infrastructure with significant development potential. The property is being offered for sale, with pricing subject to negotiation. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area with excellent transportation links and low taxes. Don't miss this chance to secure a strategic location for your next project.

Property profile
Verified
Property type Land
Lot 27.31 ac (1,189,624 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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